Retirement Planning

Do you almost have enough money to retire and want to scale back from the 40-hours-a-week grind? If so, here’s a way for you to get your employer to agree to your phased retirement. Before you approach your employer, you have to think like her. Her main interest is her business. She wants the best […]

“If I won the lottery I would…” How many times have you completed that sentence (if not out loud, at least to yourself)? Several years ago I met 12 bus mechanics who actually did win the lottery. In fact, they won $12 million – $1 million apiece. Within two or three years most of them […]

Sooner or later, you’re going to start drawing IRA income. Once you start that process, you’ll want to make sure you’re getting the most money you can. There are two basic principles you need to understand in order to achieve just that: 1. Tap into your taxable accounts first. If you want to invest for […]

You can make a few very smart moves and significantly cut the taxes on inherited IRA distributions. The best way to show you how to do this is by way of example. Let’s say that you and your two sisters are the named beneficiaries of your father’s IRA. Unfortunately, your father passes away. You now […]

You might think that in order to achieve early retirement, you have to embrace a harsh and Spartan lifestyle. I don’t accept that premise, and you don’t have to either. In fact, I believe the only way to really reach your early retirement goal is to learn to love the process. Suffering through your life […]